Finance Quotes That Everyone Should Know

Here are finance quotes that everyone should know;

General Finance Quotes

Under capitalism, man exploits man. Under communism, it’s just the opposite- John Kenneth Galbraith.

Rich people have small TVs and big libraries, and poor people have small libraries and big TVs. – Zig Ziglar.

It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for. – Robert Kiyosaki.

An investment in knowledge pays the best interest. – Benjamin Franklin.

Time is more value than money. You can get more money, but you cannot get more time.– Jim Rohn.

I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy. – Warren Buffett.

Money never made a man happy yet, nor will it. The more a man has, the more he wants. Instead of filling a vacuum, it makes one.- Benjamin Franklin.

Friendship is like money, easier made than kept.– Samuel Butler.

Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.” – Ayn Rand.

“Happiness is not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort.” – Franklin D. Roosevelt.

“Finance is not merely about making money. It’s about achieving our deep goals and protecting the fruits of our labor. It’s about stewardship and, therefore, about achieving the good society.” – Robert J. Shiller.

Capital is that part of wealth which is devoted to obtaining further wealth- Alfred Marshall.

The thing I have discovered about working with personal finance is that the good news is that it is not rocket science. Personal finance is about 80 percent behavior. It is only about 20 percent head knowledge- Dave Ramsey.

I believe that through knowledge and discipline, financial peace is possible for all of us- Dave Ramsey.

The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design-Friedrich August von Hayek.

In this world nothing can be said to be certain, except death and taxes- Benjamin Franklin.

The way to become rich is to put all your eggs in one basket and then watch that basket- Andrew Carnegie.

One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute-William Feather.

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning-Henry Ford.

A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life- Suze Orman.

I made my money by selling too soon- Bernard Baruch.

The way to make money is to buy when blood is running in the streets- John D. Rockefeller.

When money realizes that it is in good hands, it wants to stay and multiply in those hands.― Idowu Koyenikan.

When you work on something that only has the capacity to make you 5 dollars, it does not matter how much harder you work – the most you will make is 5 dollars.― idowu koyenikan.

If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.― Warren Buffett.

Rule No. 1 : Never lose money. Rule No. 2 : Never forget Rule No. 1.― Warren Buffett.

I try not to borrow, first you borrow then you beg.― Ernest Hemingway.

People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.― Adam Smith.

A man always has two reasons for what he does–a good one, and the real one.― J.P. Morgan.

You actions are your only true belongings.― Allan Lokos.

If the financial system has a defect, it is that it reflects and magnifies what we human beings are like. Money amplifies our tendency to overreact, to swing from exuberance when things are going well to deep depression when they go wrong. Booms and busts are products, at root, of our emotional volatility.― Niall Ferguson.

“To achieve what 1% of the worlds population has (Financial Freedom), you must be willing to do what only 1% dare to do..hard work and perseverance of highest order.”― Manoj Arora.

The stock market is a device for transferring money from the impatient to the patient. –Warren Buffett.

A budget is telling your money where to go instead of wondering where it went. –Dave Ramsey.

It’s not your salary that makes you rich, it’s your spending habits. –Charles Jaffe.

Don’t tell me where your priorities are. Show me where you spend your money and I’ll tell you what they are. –James Frick.

Beware of little expenses; a small leak will sink a great ship. –Benjamin Franklin.

If you want your income to grow, you too must grow. –Idowu Koyenikan.

You will either tell your money what to do, or the lack of it will always manage you. –Dave Ramsey.

Every time you borrow money, you’re robbing your future self. –Nathan Morris.

Just because you can afford it doesn’t mean you should buy it. –Suze Orman.

Money is like love; it kills slowly and painfully the one who withholds it, and enlivens the other who turns it on his fellow man.-Kahlil Gibran.

You’ve got to tell your money what to do or it will leave. –Dave Ramsey.

Never spend your money before you have it. –Thomas Jefferson.

The secret to getting ahead is getting started.” –Mark Twain.

“I make myself rich by making my wants few. –Henry David Thoreau.

Personal finance is only 20% head knowledge. It’s 80% behavior! –Dave Ramsey.

Many people take no care of their money till they come nearly to the end of it, and others do just the same with their time. –Johann Wolfgang von Goeth.

If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability. –Henry Ford.

Too many people spend money they buy things they don’t impress people that they don’t like. -Will Rogers.

Wealth consists not in having great possessions, but in having few wants. -Epictetus.

Money often costs too much. -Ralph Waldo Emerson.

Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we’ve got 24 hours each. -Christopher Rice.

It’s how you deal with failure that determines how you achieve success.-David Feherty.

I love money. I love everything about it. I bought some pretty good stuff. Got me a $300 pair of socks. Got a fur sink. An electric dog polisher. A gasoline powered turtleneck sweater. And, of course, I bought some dumb stuff, too. -Steve Martin.

An investment in knowledge pays the best interest. -Benjamin Franklin.

I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy. -Warren Buffett.

Opportunity is missed by most people because it is dressed in overalls and looks like work.-Thomas Edison.

A nickel ain’t worth a dime anymore. -Yogi Berra.

Money never made a man happy yet, nor will it. The more a man has, the more he wants. Instead of filling a vacuum, it makes one. -Benjamin Franklin.

Personal Finance Quotes

“The more you learn, the more you earn.” – Warren Buffet

“Rich people focus on opportunities. Poor people focus on obstacles.” – Harv Eker

“The goal isn’t more money. The goal is living life on your terms.” – Chris Brogan

“You cannot escape the responsibility of tomorrow by evading it today.” – Abraham Lincoln

“Working because you want to, not because you have to is financial freedom.” – Tony Robbins

Corporate Finance Quotes

If you want to fight the evil you see in finance and industry, get to work reading the corporate filings, see if there has been fraud, and where you find it, report it to the SEC or write about it or blog about it. – Ben Stein

Survivor’ wouldn’t have happened had I not gone out there and helped CBS to sell sponsors to finance the first one. Part of my thinking on ‘Survivor’ was that it should have rewards that are corporate brands. A Big Mac, one thimble-full of Coca-Cola. – Mark Burnett

I think, honestly, that the word ‘indie’ is a false gimmick. ‘Independent’ used to mean a movie that was financed outside corporate Hollywood, but a lot of what gets called independent these days is totally produced within that system. And there’s nothing wrong with that. – Joseph Gordon-Levitt

I have a lot of stands on a lot of political issues. I’m very big on campaign finance reform. I still think most Americans aren’t aware of how the dumping of big corporate dollars and private donor dollars has totally corrupted the political system and taken it away from them. – Morgan Fairchild

But, if recent history has taught us anything, it’s that self-regulation doesn’t work in finance, and that worries about reputation are a weak deterrent to corporate malfeasance. – James Surowiecki

Public Finance Quotes

“Theory of public goods. Theory that if I take you euro (as an elected state government) and give fifty cents back… you will be happier and I will be satisfied.” ― Radovan Kavický

“My expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury.” – Merton Miller

“These heroes of finance are like beads on a string; when one slips off, all the rest follow.” – Henrik Ibsen

“FINANCE, n. The art or science of managing revenues and resources for the best advantage of the manager. The pronunciation of this word with the I long and the accent on the first syllable is one of America’s most precious discoveries and possessions.” – Ambrose Bierce

“Finance is the art of passing currency from hand to hand until it finally disappears.” – Robert W Sarnoff

Money management is the only strategy to survive in this crazy, stupid and doped financial world market. – William C. Brown

Too many people spend money they haven’t earned to buy things they don’t want to impress people they don’t like. -Will Rogers

It’s not your salary that makes you rich, it’s your spending habits. – Charles Jaffe

“Money is a terrible master, but an excellent servant.”~ P.T. Barnum: Founder of Ringling Bros. and Barnum & Bailey Circus

“There is no dignity quite so impressive and no independence quite so important as living within your means.” ~ Calvin Coolidge

“A man with a surplus can control circumstances, but a man without a surplus is controlled by them, and often he has no opportunity to exercise judgment.” ~ Harvey Firestone

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1. – Warren Buffett

Beware of little expenses. A small leak will sink a great ship. -Benjamin Franklin

The key to long-term survival and prosperity has a lot to do with the money management techniques incorporated into the technical system. – Ed Seykota

Wealth consists not in having great possessions, but in having few wants. – Epictetus

Mortgages / lending Quotes

Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos. – Thomas Sowell

After the risky mortgage-lending practices fostered by government intervention led to massive defaults and foreclosures that caused financial institutions to collapse or be bailed out, Congressman Frank changed his tune completely. – Thomas Sowell

Riskier mortgage lending practices, imposed by government, were what set the stage for many mortgage payments to stop and thus for the financial disasters that followed. Political rhetoric, echoed in the media, seeks to obscure that painfully plain fact. – Thomas Sowell

Securities based on risky mortgages are what toppled financial institutions but it was the government that made the mortgages risky in the first place, by making home-ownership statistics the holy grail, for which everything else was to be sacrificed, including commonsense standards for making home loans. – Thomas Sowell

The best way to look at any business is from the standpoint of the clients. So there are these certain basic things that aren’t going to change. Companies are going to have needs for equity, debt, advice, FX, and derivatives. Individuals are going to have needs for auto loans, mortgages, something that looks like a deposit account, and the ability to send money to people. Those things aren’t going to change. – Jamie Dimon

You can design a mortgage system that is different without a Fannie and Freddie, but there are principles you have to have, to have a good system.- Jamie Dimon

Accounting Quotes

“Aggressive accounting does not mean illegal accounting.” —Kenneth Lay

“Any difficult task seems easier if you break it down into manageable steps.” —Unknown

“There is no accounting for tastes.” —Ann Radcliffe

“A good accountant never makes mistakes.” —Unknown

“Life is like accounting, everything must be balanced.” —Unknown

“I have to say accounting almost killed me.” —Venus Williams

“If there was a tax difference, my accountants have paid everything off.” —Unknown

“Cost Accounting is enemy number one of productivity.” —Eliyahu M. Goldratt

“The older I get, the more interesting I find lawyers and accountants.” —Alex James

“I am no weakling, I deal with accounting.” —Unknown

“Life is like a balance sheet.One wrong entry could change everything.” —Unknown

“If you want an accounting of your worth, count your friends.” —Merry Browne

“Happiness is debt=credit.” —Unknown

Financial Planning Quotes

A wise person should have money in their head, but not in their heart ⁓ Jonathan Swift

Financial planning and discipline is key to one’s financial freedom ⁓ Kishorkumar Bapalli

Planning is bringing the future into the present so that you can do something about it ⁓ Alan Lakein

Unless commitment is made, there are only promises and hopes but no plans ⁓ Peter F. Drucker

Financial fitness is not a pipe dream or a state of mind it’s a reality if you are willing to pursue it and embrace it ⁓ Will Robinson

Our goals can only be reached through a vehicle of a plan in which we must fervently believe, and upon which we must vigorously act ⁓ Pablo Picasso

It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong ⁓ George Soros

Treasury Quotes

Dictators cause the world’s worst problems: all the collapsed states, and all the devastated economies. All the vapid cases of corruption, grand theft, and naked plunder of the treasury are caused by dictators, leaving in their wake trails of wanton destruction, horrendous carnage and human debris. – George Ayittey

If taxation without consent is robbery, the United States government has never had, has not now, and is never likely to have, a single honest dollar in its treasury. If taxation without consent is not robbery, then any band of robbers have only to declare themselves a government, and all their robberies are legalized. -Lysander Spooner

Prosperity cannot be restored by raids upon the public Treasury. -Herbert Hoover

The budget should be balanced, the treasury should be refilled, the public debt should be reduced and the arrogance of public officials should be controlled. – Ross Perot

The financial markets are rigged by the big banks, the Federal Reserve, and the Treasury in the interests of the profits of the few big banks and the dollar’s exchange value, which is the basis of U.S. power. – Paul Craig Roberts

Audit Quotes

Remember that even if you haven’t been audited in the past, it doesn’t mean you won’t be in the future. And it only takes one audit to ruin your day.– Kathy Burlison

Given the risks of an expensive audit, paying strict attention to the rules is the only smart decision you can make.– Kathy Burlison

Audit findings are easy to come up with, successful change from a finding is true internal audit value.– Michael Piazza

There has to be a regular performance audit to do a comprehensive analysis to determine how the funds are performing. We can’t come to the bargaining table with information that’s six years old.– Jesse Case

“If you can`t show through an audit trail how you arrived at the numbers on your balance sheet, that is a significant internal control failure.” – Robert Cobb

“I always do a mental audit at the end of the week to make sure I`m balancing time between my career and my personal life.” – Jill Wagner

“For every operation audited, know the mission … the purpose… the reason for being.” – Larry Sawyer

Investment Management Quotes

“A fundamental key to audit success is the reputation for objectivity. That implies independence from activities reviewed. Complete independence is an unattainable goal while practical independence is not only possible but absolutely essential.” – Larry Sawyer

“Bottoms in the investment world don’t end with four-year lows; they end with 10- or 15-year lows.” — Jim Rogers

“An investment in knowledge pays the best interest.” — Benjamin Franklin

“I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” — Warren Buffett

“Invest for the long haul. Don’t get too greedy and don’t get too scared.” – Shelby M.C. Davis

“The best way to measure your investing success is not by whether you’re beating the market but by whether you’ve put in place a financial plan and a behavioral discipline that are likely to get you where you want to go.” – Benjamin Graham

Risk Management Quotes

If you don’t invest in risk management, it doesn’t matter what business you’re in, it’s a risky business. – Gary Cohn

The essence of risk management lies in maximizing the areas where we have some control over the outcome while minimizing the areas where we have absolutely no control over the outcome. – Peter L. Bernstein

Risk comes from not knowing what you’re doing. – Warren Buffett

Even a correct decision is wrong when it was taken too late. – Lee Iacocca

“Some risks that are thought to be unknown, are not unknown. With some foresight and critical thought, some risks that at first glance may seem unforeseen, can in fact be foreseen. Armed with the right set of tools, procedures, knowledge and insight, light can be shed on variables that lead to risk, allowing us to manage them.” – Daniel Wagner

“A major lesson in risk management is that a receding sea is not a lucky offer of an extra piece of free beach, but the warning sign of an upcoming tsunami.” – Jos Berkemeijer

Quantitative Finance Quotes

“All models are wrong, but some are useful.” … George E.P. Box

“It is easy to lie with statistics, but it is also easier to lie without them.” … Frederick Mosteller

You may have heard the world is made up of atoms and molecules, but it’s really made up of stories. When you sit with an individual that’s been here, you can give quantitative data a qualitative overlay. – William Turner

Statistics are the triumph of the quantitative method, and the quantitative method is the victory of sterility and death. – Hilaire Belloc

The reason we have so much talent in Silicon Valley building and investing in for-profit technology companies is that markets richly reward successful ideas, no matter who invents them. But to remain competitive in a free market, companies must exercise discipline to meet quantitative goals and eventually become cashflow positive. – Joe Lonsdale

Managerial Finance Quotes

By teaching twenty-something year olds responsible debt management practices, we can help them create a balanced lifestyle and find peace of mind through increased financial awareness, smart saving and long-term investing. – Alexa Von Tobel

Economic management involves the operation of economic frameworks in real time – for example, in the private sector, the management of complex financial institutions or, in the public sector, the day-to-day supervision of those institutions. – Ben Bernanke

Today, I think a CFO needs to be more of an operating CFO: someone who’s using the financial data and the data of the company to help drive strategy, the allocation of capital, and the management of risks. – Anthony Noto

Business requires understanding financial matters, but management is different from running the financial aspects of the business – it requires understanding complex systems, how they operate, the nature of organisations, what happens when people interact in groups and how to motivate and guide people. – Rosabeth Moss Kanter

Money management is the only strategy to survive in this crazy, stupid and doped financial world market. – William C. Brown

In the current situation, particular attention should be given to the quality of financial and economic management. The Government and the Central Bank should have a strategic action plan. – Tatyana Golikova

Financial Economics Quotes

An investment in knowledge pays the best interest. –Benjamin Franklin

I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy. –Warren Buffett

Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery. –Charles Dickens

Opportunity is missed by most people because it is dressed in overalls and looks like work. –Thomas Edison

What we really want to do is what we are really meant to do. When we do what we are meant to do, money comes to us, doors open for us, we feel useful, and the work we do feels like play to us. –Julia Cameron

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for ten years. –Warren Buffett

Behavioral Finance Quotes

“While enthusiasm may be necessary for great accomplishments elsewhere, on Wall Street it almost invariably leads to disaster” – Benjamin Graham

“In investing, what is comfortable is rarely profitable.” – Robert Arnott

“Investing isn’t about beating others at their game. It’s about controlling yourself at your own game.” –Jason Zweig

“Overconfidence is a very serious problem. If you don’t think it affects you, that’s probably because you’re overconfident.” – Carl Richards

“The irony of obsessive loss aversion is that our worst fears become realized in our attempts to manage them.” – Daniel Crosby

Accounts Payable Quotes

“Never take your eyes off the cash flow because it’s the lifeblood of business.” —Sir. Richard Branson

“Proper accounting is like engineering. You need a margin of safety. Thank God we don’t design bridges and airplanes the way we do accounting.” —Charlie Munger

“Life is like accounting, everything must be balanced.” —unknown

“Accounting for the most part, remains a legalistic and traditional practice, almost immune to self-criticism by scientific methods.” —Kenneth E. Boulding

“It sounds extraordinary, but it’s a fact that balance sheets can make fascinating reading.” —Mary Archer

Accounts Receivable Quotes

We should insist that governments receiving American aid live up to standards of accountability and transparency, and we should support countries that embrace market reforms, democracy, and the rule of law.— Lee H. Hamilton

Your play account is also designed to strengthen your “receiving” muscle.— T. Harv Eker3

Life is very short. If people aren’t decent, kind, accountable, responsible, or responsive, man up and get rid of them.— Dr. Laura Schlessinger

The best helps to growth in grace are the ill usage, the affronts, and the losses which befall us. We should receive them with all thankfulness, as preferable to all others, were it only on this account, that our will has no part therein.— John Wesley2

The officers do not beat the men; the officers and men receive equal treatment. Soldiers are free to hold meetings and speak out. Trivial formalities have been done away with and the accounts are open for all to inspect.— Mao Zedong

Asset Quotes

“If you have ideas, you have the main asset you need, and there isn’t any limit to what you can do with your business and your life. Ideas are any man’s greatest asset.” ~ Harvey S. Firestone

“Your company’s most valuable asset is how it is known to customers.” ~ Brian Tracy

“People are not your most important asset….the right people are.” ~ James C. Collins

“In my role as Wikileaks editor, I’ve been involved in fighting off many legal attacks. To do that, and keep our sources safe, we have had to spread assets, encrypt everything, and move telecommunications and people around the world to activate protective laws in different national jurisdictions.” ~ Julian Assange

“Employees are a company’s greatest asset – they’re your competitive advantage. You want to attract and retain the best; provide them with encouragement, stimulus, and make them feel that they are an integral part of the company’s mission.” ~ Anne M. Mulcahy.

Balance Sheet Quotes

The two most important things in any company do not appear in its balance sheet: its reputation and its people. – Henry Ford

Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets. – Peter Lynch

Accounting does not make corporate earnings or balance sheets more volatile. Accounting just increases the transparency of volatility in earnings. – Diane Garnick

It sounds extraordinary but it’s a fact that balance sheets can make fascinating reading.- Mary Archer

“Legacy accounting: Will you have been an asset or a liability on the world’s balance sheet?” ― Ryan Lilly

Cash Flow Quotes

Entrepreneurs believe that profit is what matters most in a new enterprise. But profit is secondary. Cash flow matters most.- Peter Drucker

Never take your eyes off the cash flow because it’s the life blood of business. – Richard Branson

If I had to run a company on three measures, those measures would be customer satisfaction, employee satisfaction and cash flow. – Jack Welch

The fact is that one of the earliest lessons I learned in business was that balance sheets and income statements are fiction, cash flow is reality.- Chris Chocola

It is easier to invest for cash flow during a financial crisis. So don’t waste a good crisis by hiding your head in the sand. The longer the crisis lasts, the richer some people will become.-Robert Kiyosaki

Fixed Asset Quote

Skill at creating, exploiting, and exiting crucial alliances beats ownership of fixed assets. – Tom Peters

Capital investment in fixed assets that produce real goods is the actual driver of long term economic growth, and until slick financiers hijacked the country with ‘new economy’ mumbo-jumbo based on computer models and hype most Americans understood this. – Richard Karn

Owning a variety of asset classes means that some part of your portfolio will be doing well when the cyclical turmoil arises. A broadly diversified portfolio includes large capitalization stocks, small cap, emerging markets, fixed income, real estate and commodities. – Barry Ritholtz

Remember, your mind is your greatest asset, so be careful what you put into it. — Robert Kiyosaki

A good reputation for yourself and your company is an invaluable asset not reflected in the balance sheets. — Li Ka-shing

Income Statement Quotes

I call it the Rule of Three. If you read a company’s financial statements three times, and you still can’t figure out how they make their money, that’s usually for a reason.- James Chanos

You have to understand accounting and you have to understand the nuances of accounting. It’s the language of business and it’s an imperfect language, but unless you are willing to put in the effort to learn accounting – how to read and interpret financial statements – you really shouldn’t select stocks yourself -Warren Buffett

You have more independent eyes scrutinizing the decision-making and financial statements of companies. – Steve Odland

Year-end financial statements express a truth about office life which is no less irrefutable yet also, in the end, no less irrelevant or irritating than an evolutionary biologist’s proud reminder that the purpose of existence lies in the propagation of our genes. – Alain de Botton

I think once you start putting phony figures into financial statements, you get in a lot of trouble. And we’ve seen so much of that in the last 20 years. – Warren Buffett

Liability Quotes

Liability does apply with respect to the amount of the oil spill. – Ken Salazar

I have a horrible memory and I used to consider that a liability, but I’ve learned along the way that talking to people is really a beautiful thing. – Paula Poundstone

Once the dollar begins to collapse beneath the weight of all this new deficit spending, accumulation of contingency liabilities and the socialization of our economy, commodity prices and interest rates will head skyward – Peter Schiff

The great liability of the engineer compared to men of other professions is that his works are out in the open where all can see them. His acts, step by step, are in hard substance. He cannot bury his mistakes in the grave like the doctors. He cannot argue them into thin air or blame the judge like the lawyers. – Herbert Hoover

Debt is one person’s liability, but another person’s asset. – Paul Krugman

Profit & Loss Statement Quotes

Between calculated risk and reckless decision-making lies the dividing line between profit and loss. – Charles Duhigg

A market system is not a profit system, it’s a profit-and-loss system. – Charles Koch

The difference in the profit and loss is usually … do not quit. – Walt Disney

The consumers are asking for, they lose their office. Their task is service to the consumer. Profit and loss are the instruments by means of which the consumers keep a tight rein on all business activities. – Ludwig von Mises

When individual enterprise is free and unhampered, profit-and-loss calculations set precise limits to a businessman’s temptations to expand his services… a government valuable they may be, have no market price and, therefore, cannot be subjected to profit-and-loss accounting. – Hans F. Sennholz

Collateral Quotes

I want to be clear. No company is too big to be prosecuted. We have zero tolerance for corporate fraud, but we also recognize the importance of avoiding collateral consequences whenever possible. – Alberto Gonzales

“When everything you love has been stolen from you, sometimes all you have left is revenge.Sometimes, the innocent get hurt. But one by one, the guilty will pay. Nothing ever goes exactly as you expect. And mistakes are life and death. Collateral damage is inescapable” – Emily Thorne

One must choose between Obscurity with Efficiency, and Fame with its inevitable collateral of Bluff. – William McFee

“The people who did the collateralized mortgage obligations, sold them to pension funds, then sold them short, then bought credit default swap insurance on them, are just amazing. They are a law unto themselves.” – Ben Stein

“People at war with themselves will always cause collateral damage in the lives of those around them.” – John Mark Green

Personal Guarantee Quotes

“It’s the possibility that keeps me going, not the guarantee.”― Nicholas Sparks

“That’s the thing about life. You don’t always get a second chance and there are no guarantees. Love is the only thing that really matters.” ― Linda Becker,

“Take Action: Success is not guaranteed but inaction will guaranty failure.” ― Ken Poirot

“No relationship comes with a guarantee, but I’d rather fail with you than succeed with anyone else.” ― Linda Morris,

Gross Profit Quotes

Profit margins are probably the most mean-reverting series in finance, and if profit margins do not mean-revert, then something has gone badly wrong with capitalism. If high profits do not attract competition, there is something wrong with the system and it is not functioning properly. – Jeremy Grantham

I have observed several hundred salespeople who were taught to use deceptive practices like ‘bait and switch’ and encouraged to play negotiation games with customers. They were so stressed by this behavior that they suffered from a high incidence of alcohol and substance abuse, divorce, job-jumping, and low productivity. In the same industry, I have observed countless people who had been taught to sell with high integrity. Ironically, their customer satisfaction, profit margins, and salesperson retention were significantly higher. – Ron Willingham

A man must be big enough to admit his mistakes, smart enough to profit from them, and strong enough to correct them. -John C. Maxwell

The investor of today does not profit from yesterday’s growth. – Warren Buffett

The successful man will profit from his mistakes and try again in a different way. – Dale Carnegie

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